even clinton knew raising the minimum wage wasn't a great idea. >> it's not a great idea. not only that, it takes its toll in many places. for example, all of the fast food places on army bases and things like that, part of that men goes to charity. they cannot exist with a raise. they said if it's a $10 raise, we're going to have to close all of these places. it's for the benefit of our armed forces. it's outrageous. >> michelle, any good reason to raise the minimum wage? by the way, a federally mandated minimum wage is never a good idea. >> not at all. those jobs are mostly for young people. half of all young people with minimum wage jobs are under 25 years old. a quarter of them are teenagers. the unemployment rate for young people is 15%. these people need jobs. if you raise the minimum wage, you're going to price out these young people because their labor is not work $15 an hour and you're going to prevent them from getting the experience and life lessons to have a job. to have a career. >> now, you love to pat bill clinton on the back for all his economic successes,